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Backed by the UN, an alliance of conservationists and policymakers is devising new ways to finance the preservation of biodiversity by placing economic values on ecosystems. Some analysts say such schemes have the potential to boost conservation, but others are skeptical.
<strong>Letters: </strong>Avoided deforestation should not be used as a basis for creating carbon credits, says <strong>David Humphreys</strong>, while <strong>Paul Steele and Anna Ducros </strong>introduce biocredits and <strong>Dirk Forrister</strong> defends current methodologies
'If biocredits and other mechanisms can be established correctly ... it could be a very good thing for marginalised communities, nature and investors' – Peter Bachmann, Gresham House.
Biocredits could be purchased by companies with an interest in investing to conserve the natural world on which their business or even the broader global economy relies, the researchers say.
From West Africa, to Southeast Asia and Latin America, women do far more to support fisheries than they are given credit for. Policy needs to recognise them.